China and Kazakhstan have agreed a $1bn currency swap that will boost financial co-operation and facilitate trade across their common border.
The deal deepens China’s influence in Kazakhstan where it has invested in oil, gas and metals resources to support its rapid industrial growth.
Visiting Kazakhstan on Monday, Hu Jintao, the Chinese president, said annual trade between the two countries would rise to $40bn within the next four years, almost double current levels.
您已閱讀38%(470字),剩余62%(780字)包含更多重要信息,訂閱以繼續探索完整內容,并享受更多專屬服務。